Name: David Roth
Title: Principal
Company: Palladium Management, LLC
Location: New York, NY
Birthplace: Queens, NY
Family: Wife, Madeline, two children, Olivia and Michael
College: C.U.N.Y. Baruch College
First job outside of real estate: Project manager, consulting co.
First job in real estate or allied field: Asset manager, Infinity Real Estate
What do you do now and what are you planning for the future? We acquire and manage multifamily properties outside the City. We look for high-yield opportunities in strong secondary markets, and investments that have a value-add component. We'd like to double the size of our portfolio in the next 18-24 months while we assemble a more sophisticated property management platform.
Hobbies: Reading, exercising, and playing music
Favorite book: "Huckleberry Finn"
Favorite movie: "The Departed"
Keys to success: Supportive partners and a solid understanding of rent regulation laws and building systems.
Person(s) you most admire (outside of family): Stephen Ross
If you had to choose another vocation, what would it be? Architecture
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,